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Friday, 27 November 09
EXXARO SEES HIGH COAL DEMAND RAISING PRICES
 Reuters reported that, South African diversified miner Exxaro Resources said on Thursday it expected coal prices to rise to between $70 and $75 per tonne in 2010 from around $65 per tonne this year due to rising global demand.
Exxaro's executive general manager for business growth, Ernst Venter, said coal demand had started to rise on the world market, with India becoming a major market, particularly for steam coal.
"The recession is over and demand is now rising and as a result prices will also rise," Venter told Reuters.
Venter separately told journalists that 95 percent of Exxaro's coal was still going to Europe and that the company's plans to export up to 7.5 million tonnes in 2009 would be hampered by logistical problems and a lack of bigger port capacity at the Richards Bay Coal Terminal (RBCT).
"Europe is still a good market in terms of our coal, at least we could look at the Indian market as well. We have plans for the future and especially the Indian market," Venter said.
"We could have exported this year about 7.2-7.5 million tonnes but we will get to about 5 million."
RBCT had said it would expand its capacity to 91 million tonnes by October, but logistics group Transnet has said it signed contracts with coal producers to rail only up to 70 million tonnes of coal to the port this year.
Exxaro has said it would consider using private haulers if Transnet failed to bring all its coal to the port.
Venter said the RBCT could export up to 67 million tonnes of coal this year and raise exports to about 74 million tonnes in 2010.
Source: Reuters
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Thursday, 18 March 10
INDONESIAN COAL PRODUCTION EXPECTED TO BEAT EARLIER FORECAST
The Jakarta Globe reported that, the government expects coal output this year to exceed its initial projection of 250 million metric tons as the dri ...
Thursday, 18 March 10
COAL PILING UP AT EAST COAST PORTS ON RAKE SHORTAGE
Business Line reported that, more than three million tonnes (mt) of imported coal are awaiting evacuation at the east coast ports of Paradip, Visakh ...
Tuesday, 16 March 10
INDONESIA ROUND VOYAGES WERE GETTING BETWEEN HIGH TEENS - BRS
Another strong week for the bulk market and rates in all segments are now back above pre-Chinese New Year levels. Atlantic volumes remain robust, an ...
Tuesday, 16 March 10
MADHUCON GETS MINING LICENSE IN INDONESIA
Business-Standard reported that, PT Madhucon Indonesia, a subsidiary of the Hyderabad-based infrastructure company Madhucon Projects Ltd, has been g ...
Monday, 15 March 10
BOB KAMANDANU ON INDONESIAS PEAK COAL PRODUCTION, ENERGY SECURITY AND EXPORTS TO INDIA
Bob Kamandanu, the chairman of Indonesian Coal Producers Association (APBI), said the country has an estimated 50 to 70 years of coal reserves.
T ...
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- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Meenaskhi Energy Private Limited - India
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Chamber of Mines of South Africa
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ambuja Cements Ltd - India
- Timah Investasi Mineral - Indoneisa
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bulk Trading Sa - Switzerland
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Energy Development Corp, Philippines
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Posco Energy - South Korea
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- The University of Queensland
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Mercator Lines Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Deloitte Consulting - India
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Banpu Public Company Limited - Thailand
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Global Business Power Corporation, Philippines
- Bharathi Cement Corporation - India
- London Commodity Brokers - England
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Uttam Galva Steels Limited - India
- Africa Commodities Group - South Africa
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
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